PPP Loan information for Commercial bag company

$1,689,430

Commercial bag company was initially approved for PPP Loan of amount $1,689,430, the current approved amount is $1,689,430. The loan was approved on 04/10/2020 by The JPMorgan Chase Bank, National Association reported 70 jobs and $1,689,430 was used to fund payroll.

Commercial bag company is Existing or more than 2 years old

COMMERCIAL BAG COMPANY

Date Approved

04/10/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

COMMERCIAL BAG COMPANY

Borrower Address

2047 Ireland Grove Rd 0.0

Borrower City

Bloomington

Borrower State

IL

Borrower Zip

61704-0000

Loan Status Date

09/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1689430.00

Current Approval Amount

1689430.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Bloomington

Project County Name

MCLEAN

Project State

IL

Project Zip

61704-0900

CD

IL-17

Jobs Reported

70

NAICS Code

424130

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1344680.00

Mortgage Interest Proceed

182250.00

Rent Proceed

162500.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1711321.26

Forgiveness Date

08/02/2021

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